Quote of the day


"The crude stocks are not being paid attention too, as this is a products run market. As we move further away from the US driving season and into winter, heating oil stocks will take over the mantle from gasoline. Whilst the heating oil stocks are currently at healthy levels, the fear of refinery runs being low is starting a panic with the thoughts that demand will exceed supply."


A Brent player said as the US Department of Energy showed a slight rise in US crude stocks in it's latest inventory report.
See more industry/OPEC viewpoints at http://www.platts.com/Oil/Resources/Quote%20of%20the%20Day/